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China's TCL in talks with local companies to sell 51% in Indian plant
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ET Markets - Industry 67d ago

China's TCL in talks with local companies to sell 51% in Indian plant

Chinese electronics giant TCL is looking to sell a majority stake in its Indian display plant. The company is seeking between ₹5,708 and ₹7,611 crore for the divestment. Several Indian firms are in early-stage discussions to acquire the stake. TCL aims to retain a 49% share in the facility.

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